8406 Lone Mesa, Austin TX 78759

My analysis of 7 comparable properties puts this home's estimated value at $1,075,169. Based on how the local market is moving, a list price between $1,322,000 and $1,484,000 would position this home well. Buyers shopping in TWIN MESA right now would see this as a well positioned option among 4 comparable homes. Having a pool is a plus; 1 of the 7 comps lacked one. The smaller lot (0.23 acres versus the area average of 0.30) contributes to the valuation. Current inventory shows 4 comparable homes in TWIN MESA; a balanced market based on recent absorption. The 6 month price trend in TWIN MESA: risen 39%. The best comp here is 8309 Adirondack TRL, Austin TX 78759 at an adjusted value of $995,763, with a smaller floor plan. The comp data here (7 sales in TWIN MESA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus